SPORT, AMENITIES, RECREATION IN KESGRAVE
SPARK is established to provide and assist in the provision for sport, recreation and other leisure time occupations for the benefit of the inhabitants of the town of Kesgrave in the interests of social welfare and in order to improve the quality of life of the said inhabitants.
Financial health, per its FY2024 accounts
The accounts state that total funds decreased from £217,253 to £163,742 due to a net deficit of £53,511, driven by grants paid of £140,815 exceeding total income of £154,619. The charity reports no specific need to maintain reserves as it has no overheads apart from the charity shop, which holds £19,243 for rent and redundancy provisions. The independent examiner confirmed that no material matters came to their attention regarding the accounts.
What the accounts disclose
“Other trading activities 2°¢ Stop Shop 3 149,654”
“The charity has significant cash funds but there is no specific need to keep reserves, as apart from the 2"4 Stop Shop, the charity does not have any overheads or recurring costs.” — page 4
“Reimbursement of amounts paid on behalf of the charity N Francis £86 There were no related party transactions.”
Register events
- Transferred assets to another charity (17/12/2025)
Trustees
- ANGELA V FINCH
- ASHLEY JORDAN
- Charles Howard
- DAVID MARK STEWARD
- Dr KEITH STEWART YOUNG
- JUDITH FRANCIS
- Joanne Marie Tillinghast
- MOLLY ARNOT
- Nicholas John Francis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £150k | £276k |
| 31/03/2024 | £155k | £207k |
| 31/03/2023 | £150k | £115k |
| 31/03/2022 | £118k | £137k |
| 31/03/2021 | £74k | £139k |
Common questions
Is SPORT, AMENITIES, RECREATION IN KESGRAVE financially healthy?
Per its FY2024 accounts: The accounts state that total funds decreased from £217,253 to £163,742 due to a net deficit of £53,511, driven by grants paid of £140,815 exceeding total income of £154,619. The charity reports no specific need to maintain reserves as it has no overheads apart from the charity shop, which holds £19,243 for rent and redundancy provisions. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2024 accounts were independently examined.